https://www.tradingview.com/x/UKcJX9Ru/ Hello, Friends! We are targeting the 28.654 level area with our short trade on SILVER which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option. ✅LIKE AND COMMENT MY IDEAS✅
One of the biggest flat steel company breaking out of a base
https://www.tradingview.com/x/6A4vPyFk/ Hello, Friends! CAD/CHF is making a bearish pullback on the 1H TF and is nearing the support line below while we are generally bullish biased on the pair due to our previous 1W candle analysis, thus making a trend-following long a good option for us with the target being the 0.631 level. ✅LIKE AND COMMENT MY IDEAS✅
The cryptocurrency SUI is building strong momentum, with its USDT pair (SUI/USDT) showcasing encouraging price action. Here’s a detailed look at the current technical outlook and potential scenarios: Price Action Highlights Ascending Channel: SUI/USDT is trading within a clearly defined ascending channel, maintaining respect for both upper resistance and lower support boundaries. This pattern highlights the prevailing strength of the uptrend. Breakout Confirmation: The pair recently broke out of a consolidation phase, specifically a triangle formation, signaling bullish continuation above the critical $5.00 level. Target Projection : Given the current trend, the next target lies just below the $10.00 level. The ascending channel and breakout momentum provide strong technical support for this bullish scenario. ⚠️ Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial advice. Conduct your own research and consult a professional before making any investment decisions.
Hi, guys! I used daily timeframe to analyze the market. If we see the daily candles, in history, after big pop-up always came a big pop-down. So it was expected the Gold to go down… Meanwhile, right now the big turning point is around 2616-2618. So the price must come down until 2616-2618… if it comes until 2612, then it will go until 2580… Trade ideas: - Bearish trend Current price: 2638 (It must retest 2647-2649) Sell: 2646 Stop lose: 2651 Take profit: 2620 - Bullish trend Buy: 2652 Stop lose: 2646 Take profit: 2664
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Bullish breakout: Entry price 108.890 Take Profit 109.640 Stop Loss 108.520
https://www.tradingview.com/x/dcmukqyu/ Hello, Friends! It makes sense for us to go short on AUD/CHF right now from the resistance line above with the target of 0.556 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band. ✅LIKE AND COMMENT MY IDEAS✅
It looks like DAX 40 still needs some time to show, what the direction will be. I THINK it will first manipulate a little bit before going down for a new low. After that I THINK it will remain bullish. This is just an idea, let's see what will happen.
Bearish breakout: Entry price 1.65733 Take Profit 1.63340 Stop Loss 1.68050